this post was submitted on 20 Oct 2023
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Well that's the thing, a bunch of burnt out IT guys will go and flip burgers, and then there'll be a shortage of IT guys, and the salaries for IT will go up in an attempt to lure them back to the soul destroying black hole that is IT. Some might, some won't.
But after all that the burger flippers will still be getting paid a wage that they can live on.
Maybe...or ihe increased IT salaries will cause other industries, like say mechanical engineering, to also raise salaries to avoid losing their workers to IT. And then people have more money and are willing to spend more money, increasing the price of things such as housing and food.
Eventually that fast food worker is back at the bottom of the barrel, even if they are being paid a higher number. Throw in the government printing money like crazy too to seal the deal.